Okun's law is the ______ relationship between real GDP and the ______.
A) negative; unemployment rate
B) negative; inflation rate
C) positive; unemployment rate
D) positive; inflation rate

Question

Quizplus · Accepted Answer

Okun's law states that there is a negative relationship between real GDP and the unemployment rate. As real GDP increases, unemployment decreases and vice versa.

Okun's Law Is the ______ Relationship Between Real GDP and the ______

Okun's Law Is the Relationship Between Real GDP and the